EDGEWATER — New details and renderings released Friday show a proposed 141-unit apartment complex on the former site of Edgewater Medical Center.
In an email newsletter sent Friday, Ald. Patrick O'Connor (40th) announced that the development would include 9 studios, 100 one-bedroom units and 32 two-bedroom units, with a total fewer than the 213 units originally proposed. Of the 141 units, 29 would be affordable housing.
MCZ, the developer that purchased the former Edgewater Medical Center site, has applied for $10.7 million in TIF money for the project, O'Connor said.
MCZ already owns the site of the medical center's parking garage, which are slated to become luxury homes.
MCZ Development plans to have the 141-unit apartment complex ready for March 2018, if approved. [MCZ Development]
O'Connor said that the developer plans "adaptive re-use of some of the buildings," instead of demolishing all the buildings and constructing anew.
"The inside parking spaces will be in the basement and on the first floor, while outdoor spaces will be along the east side of the building," he added.
O'Connor noted that MCZ had not yet finalized the purchase of the site, and that the deal is pending approval for TIF money and other city approval.
MCZ plans to close on the land purchase by September and have the units ready for move-in by March 2018, O'Connor said.
The architect on the project will be Hartshorne Plunkard, "a firm experienced in historic preservation," he said.
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